Friday, May 9, 2008

IGLOO provides a secure, easy-to-use corporate social networking suite to businesses of any size

What Company Is Offering:IGLOO provides a secure, easy-to-use corporate social networking suite to businesses of any size. Their software improves business performance by reducing email burden and enhancing collaboration between distributed teams and the growing mobile work force. Delivered over the web using a software as a service (SaaS) delivery model, companies can now cost-effectively connect people, processes and information across organizational and geographical boundaries in just minutes not months.

How Much They Got From VCs:

IGLOO Inc., an emerging leader in corporate social networking, today announced the closure of a $US 4 million equity financing round from RBC Venture Partners. The financing enables IGLOO to extend and commercialize its suite of collaborative social networking tools to corporations and other organizations in the rapidly accelerating enterprise social networking space.

IGLOO’s social networking platform helps hundreds of organizations globally reduce email burden, remove distances across branch offices and inspire teams with new productivity and collaboration tools. The platform was initially developed to support an online international network of researchers, practitioners and educators working on global issues.